yes, that's exactly what he's saying. The dirty secret is that the variation in employee 'worth' to a company varies much more than a tight range of salaries b

yes, that's exactly what he's saying. The dirty secret is that the variation in employee 'worth' to a company varies much more than a tight range of salaries based on statistical averages. It's not just talent; some employees become inordinately important due to their knowledge and acquired experience in a narrow area. Losing them might mean shipping a product 6 months late, which could be fatal. Of course there's a potential here for employee blackmail, but hey, live by the market, die by it. It's a constant struggle to be 'fair' yet maximize your return on investment. These two goals don't automatically align.